Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed.
PART II How Markets Work
Chapter 4 of 36 The Market Forces of Supply and Demand
Section 1 of 16
Chapter 4 Topics:
Markets and Competition
What Is a Market?
What Is Competition?
The Demand Curve: The Relationship Between Price and Quantity Demanded
Market Demand Versus Individual Demand
Shifts In The Demand Curve
Two Ways To Reduce The Quantity of Smoking Demanded
The Supply Curve: The Relationship Between Price and Quantity Supplied
Market Supply Versus Individual Supply
Shifts In The Supply Curve
Equilibrium of Supply and Demand
Three Steps To Analyzing Changes In Equilibrium
… …
supply and demand
kyōkyū to juyō
供給と需要

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